Close Menu
Cryprovideos
    What's Hot

    Steak 'N Shake to Accept Bitcoin Payments in the US, Sending New Crypto to Explosive Highs

    May 9, 2025

    Cardano (ADA) Secures Golden Cross With Huge Value Breakout

    May 9, 2025

    The World’s First Worldwide Crypto Buying and selling Cup Kicks Off Dwell – The Day by day Hodl

    May 9, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Crypto Analyst Predicts When Dogecoin Value Will Hit $3 This Cycle
    Crypto Analyst Predicts When Dogecoin Value Will Hit  This Cycle
    Crypto News

    Crypto Analyst Predicts When Dogecoin Value Will Hit $3 This Cycle

    By Crypto EditorJanuary 18, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Este artículo también está disponible en español.

    Dogecoin has cleared the $0.4 mark once more after just a few days of attention-grabbing value inflows which have induced its value to rebound notably from $0.31. This robust upward motion has allowed Dogecoin to reverse the worth losses it incurred within the earlier week.

    Associated Studying

    Moreover, this latest rally has positioned Dogecoin again on monitor for additional upward motion, and the subsequent outlook is value targets to anticipate within the case of a continued rally henceforth.

    A technical evaluation on the TradingView platform highlighted a compelling comparability between Dogecoin’s present value actions and its historic patterns to foretell a major rally that would deliver Dogecoin to $3 this cycle. 

    Dogecoin’s Consolidation Mirrors January 2021 Rally

    The technical evaluation in query seems at Dogecoin’s value motion from a long-term perspective by analyzing formations on the weekly candlesticks. Apparently, the weekly candlesticks present Dogecoin has been consolidating slightly below the $0.5 value degree in a downward and upward motion all through the previous six weeks. 

    The analyst highlighted that Dogecoin’s latest consolidation is nearly a precise reproduction of the same habits above the 1-week transferring common (MA50) in January 2021. This symmetrical positioning in time relative to the earlier market cycle provides credibility to the argument that Dogecoin is following a cyclical sample, which has been proposed by numerous analysts by a number of technical analyses.

    Again in 2021, the cryptocurrency transitioned from a interval of accumulation to explosive development, producing returns of over 3,600% from its backside.

    Increasing on this cyclical sample, the analyst highlighted one other similarity in Dogecoin’s value rally in This autumn 2024. Dogecoin’s value has risen by roughly 480% since its August 2024 backside, a determine that matches the 480% improve noticed in the course of the November-December 2020 interval.

    Crypto Analyst Predicts When Dogecoin Value Will Hit $3 This Cycle
    DOGE is at present buying and selling at $0.39. Chart: TradingView

    Following that preliminary section 1 surge in 2020, Dogecoin entered a consolidation section in January 2021 earlier than beginning section 2 of its rally. The present consolidation, subsequently, seems to reflect this historic sequence and lends voice to a prediction that Dogecoin could also be on the verge of repeating its previous efficiency.

    Section 2 Goal: A Path To $3

    Based mostly on the historic precedent, the analyst anticipates that Dogecoin’s “Section 2” may deliver a rally of three,600%, just like the cycle noticed in early 2021. By way of a value goal, the projection is a 3,600% improve from the August 2024 low, which might deliver Dogecoin in the direction of the $3 mark. The timeframe for this value goal is as early as the subsequent three weeks, although the analyst famous that it may happen a lot later than that.

    Associated Studying

    On the time of writing, Dogecoin is buying and selling at $0.3947, though it just lately traded at an intraday excessive of $0.4334. A transfer to $3 would signify a 777% improve from the present value. 

    Featured picture from VOI, chart from TradingView



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Steak 'N Shake to Accept Bitcoin Payments in the US, Sending New Crypto to Explosive Highs

    May 9, 2025

    The World’s First Worldwide Crypto Buying and selling Cup Kicks Off Dwell – The Day by day Hodl

    May 9, 2025

    SEC commissioner criticizes Ripple settlement, warns of weakened crypto oversight

    May 9, 2025

    Inferno Drainer Malware Returns, Stealing $9M from Crypto Wallets in Six Months – Decrypt

    May 9, 2025
    Latest Posts

    Steak 'N Shake to Accept Bitcoin Payments in the US, Sending New Crypto to Explosive Highs

    May 9, 2025

    Unlock Huge Earnings With The Bitcoin All the pieces Indicator

    May 9, 2025

    Bitcoin Value To $150,000: BTC Is Mirroring Bullish Fractal From 2020 | Bitcoinist.com

    May 9, 2025

    344,620 New Bitcoin Wallets, Mega FOMO Simply Entered Market

    May 9, 2025

    Customary Chartered Analyst Apologizes For $120K Bitcoin Worth Prediction, Says It Is Too Low 

    May 9, 2025

    Bitcoin eyes sub-$100K liquidity — Watch these BTC worth ranges subsequent

    May 9, 2025

    Bitcoin Poised for Remaining Parabolic Surge, Says Analyst Amid Financial Weak spot

    May 9, 2025

    Btc Above 100k Alerts A Sizzling Market, Finest Meme Coin To Purchase Now For X100 Returns, Pepe, Shiba, Or Pepeto?

    May 9, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Crypto Dealer Says One Issue May Set off Large Breakout for Ethereum – Right here’s His Outlook – The Each day Hodl

    January 18, 2025

    Polkadot (DOT) vs. Ozak AI: Which Crypto Venture Has the Most Potential in 2025? | Reside Bitcoin Information

    February 11, 2025

    High NFT Cash To Watch In 2025 – InsideBitcoins

    March 7, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.